Welcome to the IARD Web Site. This Site will provide investment adviser firms and representatives with a variety of information about the IARD system. The Investment Adviser Registration Depository (IARDSM) is an electronic filing system that facilitates Investment Adviser registration, regulatory review, and the public disclosure information of Investment Adviser firms. FINRA is the developer and operator of the IARD system. The system has been developed according to the requirements of its sponsors, the Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA), along with those of an Industry Advisory Council representing the Investment Adviser firms.
Information geared to the investing public can be found on the SEC Web Site under the “Investor Information” section.
What’s New On IARD
Please look to this area of the Home Page on a frequent basis for regular updates, new information to the Site, and documents about how to use the IARD system. IARD is available from 7:00 a.m., ET, to 11:00 p.m., ET, Monday through Friday. IARD is not available on holidays in which FINRA is closed and is not available after 6:00 p.m., ET, on the business day immediately preceding some holidays. Please refer to the IARD system schedule for detailed weekend and holiday availability.
Final Renewal Statements
Final Renewal Statements became available in IARD on January 2, 2008. These statements reflect the final registration statuses of your IA firm and IA representatives as of December 31, 2007. Any adjustments as a result of registration approvals or terminations subsequent to the Preliminary Renewal Statement will be made in this final reconciled statement. If your firm's statement shows an amount due then FINRA must receive full payment of your firm's Final Renewal Statement by February 4, 2008. Please see detailed instructions on how to submit payment. Please see detailed instructions on how to submit using these payment options.
The annual renewal of your IA firm and representatives' registrations with jurisdictions are processed through the 2008 IARD Renewal Program. Additional renewal information can be found on the 2008 Renewal Program Web page.
Updated IARD & CRD System URLs as of August 25, 2007
The IARD and Web CRD systems' URLs were renamed to reflect NASD's new organization name, the Financial Industry Regulatory Authority (FINRA). The updated urls are:
All users are encouraged to update their bookmarks as appropriate. Please note that the existing IARD and Web CRD URLs will continue to work as users will be automatically re-directed.
FINRA.org: Add to Safe-Sender Email List
NASD and NYSE Member Regulation consolidated to form a single self-regulatory organization for the securities industry known as FINRA, the Financial Industry Regulatory Authority. FINRA is now the operator of the IARD system on behalf of the IARD program sponsors which are the SEC and NASAA. In order to ensure consistent delivery of FINRA emails to your inboxes, please add our email domain, FINRA.org to your firm's safe-sender list as soon as possible. If your email application requires you to enter individual email addresses to your safe-sender list in addition to, or in lieu of, an email domain, please add the following addresses:
Also, if you are an SEC-registered IA firm, please add: SECIARDNotifications@finra.org
Form ADV Part 2:
With the deployment of Release 9.0, firms are able to submit Part II of Form ADV through IARD. For additional information on how to file Part II see Form ADV Part 2 (IARD System Instructions).
SEC-registered advisers: The SEC does not require SEC-registered advisers to file Part II of Form ADV electronically. Regardless of
whether your firm files its Part II through IARD, your firm must continue to provide prospective clients with a copy of Part II or a brochure containing at least the same required information. A copy of Part II also must be kept in your office for inspection by the SEC. See Rules 203-1(b)(2), 204-1(c) and 204-3 of the Investment Advisers Act for details of your legal obligations concerning Part II of Form ADV.
State-registered advisers: All states will accept Part II through IARD. Some states may require you to file Part II through IARD. If you are uncertain whether your state requires submission via IARD, please contact the state securities regulator directly. Their numbers are available on the NASAA Web Site.
Visit the SEC Web site for information on Staff Guidance for Interim Completion of Part 1A of Form ADV, Item 7.B. and Schedule D, Section 7.B.
Email Notifications To SEC-Registered IA Firms:
In November of 2005, SEC-registered IA Firms were asked to verify the email address provided when the firm filed its Form ADV. This was in preparation for FINRA to begin sending SEC-registered firms new email notifications which advise of upcoming or missed SEC deadlines. For a complete listing of the new email notifications, see Line Items 72 & 75 of the 7.1 Release Notes. For more information about these email notifications, firms can also visit the SEC Web site.
Annual Updating Amendments for IA Firms Registered with the SEC
Reminder: An Investment Adviser that is registered with the SEC must submit its Annual Updating Amendment within 90 days of the firm’s fiscal year-end. For answers to frequently asked questions regarding the filing of an Annual Updating Amendment, please visit the SEC’s Web Site.
Attention Filers: If you are a currently state-registered IA firm that is changing from manual paper registration to electronic filing on the IARD system, an electronic Transition Filing should be completed and submitted before you begin to create your electronic Form ADV on IARD. You will not be able to transition your Notice Filing or state registration information if you first begin to create your electronic Form ADV because the system does not allow Transition Filings when you have an existing "Pending" Form ADV filing.
For more information regarding Transition Filings:
